IGT: Q3 Earnings Snapshot
IGT: Q3 Earnings Snapshot
LONDON (AP) _ International Game Technology PLC (IGT) on Tuesday reported third-quarter earnings of $264 million.
On a per-share basis, the London-based company said it had profit of $1.30.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.
The slot machine maker posted revenue of $1.06 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $1.01 billion.
For the current quarter ending in December, IGT said it expects revenue in the range of $1 billion. Analysts surveyed by Zacks had expected revenue of $1 billion.
The company expects full-year revenue in the range of $4.1 billion to $4.2 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a IGT">Zacks stock report on IGT at https://www.zacks.com/ap/IGT